underinvestment project投资不足方案
Growth and Underinvestment成长与投资不足
We also find that because timely recognition of losses may force managers to give up investment that is of risk but profitable,asset write-off may lead to underinvestment.
由于及时确认损失也会促使厌恶风险的经理人放弃对风险较大但却可能盈利的项目进行投资,因此资产减值准备计提也会导致公司投资不足。
参考来源 - 会计稳健性与上市公司投资行为——基于资产减值角度的实证分析